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Retailopædia

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Tax Compliance & Cash Transaction Regulation confidence 81/100

Section 269ST: India's ₹2 Lakh Cash Receipt Cap Explained

Introduced in 2017, Section 269ST penalises recipients—not payers—who accept ₹2 lakh+ in cash from one person in a day, per transaction, or per event, with a 100% penalty on the violating amount.

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